FCM Consulting Global Quarterly Travel Trends Report Q1-2024
Optimism in the corporate travel industry continued in the first quarter of 2024, with demand increasing. Business travellers set out to meet clients and colleagues, balancing tight travel budgets with early bookings and more days away. With this rising demand, supplier confidence increased with capacity increases and the average airfare ticket paid in economy up by US$45 in January-2024.
Sustainability kept top of mind for many too, followed a slew of announcements. For instance, Scope 3 emissions reporting is no longer optional in Europe.
It was an action-packed quarter for hotels and the car rental market too. You can get all the details from the latest FCM Consulting Global Travel Trends Report Q1-2024, which delves into various aspects that impacts business travel. Are you ready to get a deep dive into the current trends and predictions?
Key takeaways taking us into the next quarter
-
Low-cost carriers offering 31% of seats in 2024.
-
Average purchase price for global economy class fares were up $45 during Q1-2024
-
Average hotel night rates up $18 in Q1-2024
-
EU targets set to help drive SAF into 2050
Get your copy of FCM Consulting’s Q1-2024 Global Trends Report, if you want to:
-
Capture predictions for Q2-2024
-
Analyse airfares and hotel accommodation rates
-
Start sustainable travel journey
-
Plan in advance and stay ahead of the curve